This is day 13 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Tenancy deposits It is fairly common for landlords to take a deposit. This gives the tenant an incentive to look after the property as if he does not, he will lose his…
This is day 12 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Tenancy agreement fixed term A tenancy agreement must have a term. This is the period of time it is agreed that it shall last for. In perhaps the majority of cases the…
This is day 11 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Setting the rent The owner of a well known letting agency in Norwich told me once that they had a saying in the agency, that ‘the greedy man goes hungry’. There is…
This is day 10 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Describing the property correctly in the tenancy agreement This sounds obvious but you need to be careful. If you get a court order for possession, you do not want the bailiffs to…
This is day 9 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Letting agents Many tenants, perhaps the majority of tenants, are signed up by letting agents, who deal with the drafting of the tenancy agreement and signatures on behalf of the landlord, their…
This is day 8 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Deeds of Guarantee So. You have found the ideal tenant. He has a nice personality, no unpleasant personal habits, and you feel sure that he would look after the property. The only…
This is day 7 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Putting the landlords and tenants address in tenancy agreements Landlords: There needs to be a contact address for the landlord. If the landlord is living outside England and Wales, note that there…
